Jul - 28th
Ben Bernanke on PBS - Part Three
Posted at 11:21 pm | Filed Under Credit Crunch, Politics, Bailout News, The Economy, Real Estate
Jul - 28th
Ben Bernanke on PBS - Part Two
Posted at 10:36 pm | Filed Under Credit Crunch, Politics, Bailout News, The Economy, Real Estate
Jul - 28th
Ben Bernanke on PBS - Part One
Posted at 10:10 pm | Filed Under Credit Crunch, Politics, Bailout News, The Economy, Real Estate
Jul - 1st
Ben Bernanke is clueless
Posted at 12:03 am | Filed Under Politics, California Housing Crash, Florida Housing Crash, The Economy, Real Estate
Watch this video and you’ll be amazed that this guy is running our economy.
Jun - 27th
More banks keep failing - FDIC takes over 5 banks on Friday
Posted at 3:20 am | Filed Under Politics, Bailout News, California Housing Crash, Florida Housing Crash, The Economy
45 banks have gone under so far this year. According to AP via Yahoo Finance:
NEW YORK (AP) — Regulators on Friday shut down five small banks, boosting to 45 the number of failures this year of federally insured banks. More are expected to succumb in the prolonged recession.
The Federal Deposit Insurance Corp. was appointed receiver […]
Jun - 16th
California’s Financial Meltdown
Posted at 2:36 pm | Filed Under Politics, California Housing Crash, The Economy, Real Estate
Visit msnbc.com for Breaking News, World News, and News about the Economy
Jun - 5th
The 2012 Pelosi GTxi SS/RT Sport Edition
Posted at 2:34 pm | Filed Under Politics, The Economy
Jun - 5th
U.S. Unemployment rate hits 9.4%
Posted at 10:00 am | Filed Under Politics, The Economy
More signs of the horrible economy here in the United States. USA Today reports that:
WASHINGTON — With companies in no mood to hire, the unemployment rate jumped to 9.4% in May, the highest in more than 25 years. But the pace of layoffs eased, with employers cutting 345,000 jobs, the fewest since September.
Still, the increase […]
Jun - 3rd
Even Tim Geithner is “underwater” on his home
Posted at 5:42 pm | Filed Under Politics, Bailout News, The Economy, Real Estate
It looks like the housing crash is hitting everybody. CNBC reports that:
Real estate agents say Geithner recently rented out his Westchester County home after it didn’t sell — even though he reduced the price to less than he paid.
Real estate agents say Geithner recently rented out his Westchester County home after it didn’t sell — […]
Jun - 3rd
Bernanke wants the US to be fiscally responsible?
Posted at 5:36 pm | Filed Under Politics, Bailout News, The Economy
Oh really? Give me a break.
According to the Wall Street Journal:
WASHINGTON — Federal Reserve Chairman Ben Bernanke Wednesday urged lawmakers to commit to reducing the nearly $2 trillion budget deficit, warning that the government can’t borrow “indefinitely” to meet the growing demand on its resources.
“Unless we demonstrate a strong commitment to fiscal sustainability in the […]
